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FleetBoston Financial Corp. is in the Financial Services Industry
Latest News and Analysis
Fleet Boston - Algo Credit Case Study
In the year 2000, FleetBoston Financial was created as a result of a merger between Fleet Financial and BankBoston. At its inception, the new institution faced the daunting task of introducing a single risk management solution to meet the needs of the new, much larger corporation. The implementation of Algo...
Additional Resources
Morning Alert for Bank of America Corp.
M2 PRESSWIRE-19 June 2007-bellwetherreport.com: Morning Alert for Bank of America Corp.(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:19062007 Welcome to the machine. The second-largest bank in the US by assets (behind Citigroup), Bank of America boasts the country's most extensive branch network, with more...
Stanford Business School Research: Even Costly Mergers Can Be Good for Some Stockholders
STANFORD, Calif. -- It is widely known that after a public merger is announced the stock value of the acquiring company generally drops while that of the target firm goes up. Why, then, do so few buyer-side shareholders attempt to block mergers even in the face of such losses, particularly...
Shareholder Alert for Bank of America Corporation.
M2 PRESSWIRE-12 June 2007-Blue Chip News: Shareholder Alert for Bank of America Corporation(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:12062007 Welcome to the machine. The second-largest bank in the US by assets (behind Citigroup), Bank of America boasts the country's most extensive branch network,...
Shareholder Alert for Bank of America Corporation.
M2 PRESSWIRE-15 May 2007-bellwetherreport.com: Shareholder Alert for Bank of America Corporation(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:15052007 Welcome to the machine. The second-largest bank in the US by assets (behind Citigroup), Bank of America boasts the country's most extensive branch network, with more...
Bank of America profits eclipse Citigroup
NEW YORK (AFP) — Bank of America posted better-than-expected quarterly profits Thursday totaling 5.26 billion dollars, gaining a fresh edge over arch-rival Citigroup which has seen its profits ebb in past months. Bank of America has expanded aggressively in recent years, swallowing FleetBoston Financial and the MBNA credit...
BOK Financial Corp. announces appointments and promotions
BOK Financial Corp. has announced the following appointments and promotions. Ann C. Morgan was appointed to assistant vice president, senior recruiter in the finance and administration division. Morgan previously worked at SelectRemedy. Sally Mannix was appointed to senior vice president, operations relationship manager in...
Peter Quick Joins GAIN Capital Group's Board of Directors
Former President of American Stock Exchange (AMEX), Quick & Reilly Brings Industry Expertise to Online Currency Trading Firm BEDMINSTER, N.J. -- GAIN Capital Group, LLC, a leading provider of Foreign Exchange (Forex) trading and services for institutional and individual investors, today announced the appointment of Peter Quick to...
Horsham credit card center’s closing to hit 617 workers
Bank of America's Horsham credit card center will close Oct. 24, and 617 workers "will be separated," senior vice president John Collingswood told state and local government officials in a letter last week. The bank had announced in April that it would close the center and others in Greenville, Christiana,...
Springs Global U.S. Names Barbosa CFO.(United states)(Flavio Barbosa)(chief financial officer)(Brief article)
By Staff Fort Mill, S.C. -Springs Global U.S. has named Flavio Barbosa cfo, filling a position that has been vacant since the merger of Springs Industries Inc. and its Brazilian terry supplier, Coteminas. Barbosa...
Bank of America profit up 18 percent, led by consumer banking
NEW YORK (AFP) — US banking giant Bank of America reported stronger-than-forecast quarterly profits, partly due to robust performance from its consumer and capital markets operations. The Charlotte, North Carolina-based bank said its second quarter net profits rose 18 percent to 5.48 billion dollars compared with the same...
Four area bank call centers to close this year
Bank of America Corp. plans to close four call centers within 90 minutes of Philadelphia by the end of the year as it consolidates offices and jobs acquired in recent mergers. The bank, based in Charlotte, N.C., will close call centers it acquired from FleetBoston Financial Corp. in...
Bank of America closing four call centers
Bank of America Corp. is closing call centers it acquired from FleetBoston Financial Corp., in Horsham, Montgomery County, and Christiana, Del.; and from MBNA Corp., in Greenville and Dover, Del., the company said today. The Dover center, at the former Blue Hen Mall on the outskirts of Delaware's...
One on One With Lori J. Ensinger of Columbia Management Group Inc.(One on One)
Byline: David Hoffman The 2003 acquisition of FleetBoston Financial Corp. by Charlotte, N.C.-based Bank of America Corp. and the subsequent merger of the two banks' asset management operations into Columbia Management Group Inc. of Boston caused a major upheaval. ...
Doskocil buys Aspen Pet Products.(News)(Doskocil Manufacturing Co)(Brief Article)
Byline: Plastics News Report Doskocil Manufacturing Co. of Arlington is adding to its pet products cache with the purchase of Aspen Pet Products Inc. of Denver. Terms of the deal, which closed Feb. 1, were not disclosed. Aspen was owned...
Bank of Everywhere, The
Rick Zilewicz says that many of the changes that occurred when FleetBoston was purchased by Bank of America have been invisible to customers. The more obvious changes? Well, they were meant to be noticed. Take, for example, the employee at each branch - usually a manager or assistant...
Bank of America profit up 10 percent
CHARLOTTE, United States (AFP) — Bank of America reported a 10 percent rise in third-quarter profits on increases in its credit-card and mortgage-banking businesses. Net income rose to 4.13 billion dollars, or 1.02 dollars a share. That amount was just in line with Wall Street forecasts...
ADDING and REPLACING Star Scientific Announces Election of Marc Oken, David Vorhoff to Board of Directors
CHESTER, Va. -- Add to last sentence of second graph: He is a Vietnam veteran who served as a U.S. Navy aviator from 1968 to 1973. The corrected release reads: STAR SCIENTIFIC ANNOUNCES ELECTION OF MARC OKEN, DAVID VORHOFF TO BOARD OF DIRECTORS Star...
Columbia still working to whittle costs, funds; Despite efforts, outflows remain ongoing problem.(News)
Byline: David Hoffman NEW YORK - Columbia Management Group Inc. last month revamped its back-office operations, creating savings that will be passed directly to investors in its funds, said Keith Banks, president and chief investment officer of the firm. ...
People.
People's Bank in Bridgeport, Conn., has hired Gray Horn, 50, as managing director of its investment management subsidiary, Olson Mobeck Investment Advisors, which offers financial advisory services to approximately 800 individuals and institutions. His responsibilities will include all aspects of performance, growth and portfolio management....
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FleetBoston Financial Corp. Company Info
NAICS Code
Commercial Banking: 522110
